This page explains how to compute stable ratios of working capital, depreciation and deferred taxes when you are making a DCF analysis. The important issue of stable ratios can be established with a couple of simple formulas and functions. I am surprised by how few people make these important adjustments in their DCF analysis.
This page explains how to compute stable ratios of working capital, depreciation and deferred taxes when you are making a DCF analysis. The important issue of stable ratios can be established with a couple of simple formulas and functions. I am surprised by how few people make these important adjustments in their DCF analysis.